Sabadell Bank charges - Page 3

robin55 wrote on Thu Mar 26, 2020 11:50am:

For those that asked here is the official notification sent to email box addressed “communication “
Banco Sabadell provides you with timely and transparent information on all aspects related to your products.For this reason, we hereby inform you that as of 24/03/2020, changes will be made to ...

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...the terms and conditions of the account referred to herein, in accordance with the powers set forth in the contract, which will consist of the following:1.Maintenance fee: €30 per quarter. This will be discounted and reduced to €15 per quarter if, during the settlement period, the end-of-day balance on the account does not fall below €0 at any time.2.Administration fee per entry: €0.80 for each entry occurring during the quarter. This will be discounted and will remain at €0 per quarter if, during the settlement period, the end-of-day balance on the account does not fall below €0 at any time.All other terms and conditions will remain the same.Please visit your branch if you require information concerning the requirements to access other types of accounts free of administration and maintenance fees.

Gem wrote on Thu Mar 26, 2020 1:50pm:

Hi Robin

What type of account do you have with Sabadell?

robin55 wrote on Thu Mar 26, 2020 2:05pm:

Expansión Account - just been on their web site and the account conditions have changed - to be free of charges need to delist €700 per month which we do but DONT have any insurance with them or pension direct from the U.K. ..Not good at all !

paulsav wrote on Mon Jul 1, 2019 12:14am:

Paul164

I think you missed the topic the original poster was talking about which was charges for non residents, obviously banking is free for residents with all the Spanish banks. Its the non resident accounts that are being charged. He wanted info on free or low cost banking for non residents.

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Regards

Pauline.

Garypaterson58 wrote on Thu Mar 26, 2020 8:30pm:

Sabadell charge 35€ quarter whether your a resident or not. The only way to get free banking with them is to pay 700€ or more a month into your account and take out one of their products such as home contents insurance. I have two accounts with them and pay bank charges on both

Davyho wrote on Thu Mar 26, 2020 9:13pm:

Paying 700 euros in per month does not get you free banking any more you need to buy one of their insurances